Case No: 10-12848.United States Bankruptcy Court, N.D. Illinois, Eastern Division.
November 17, 2010
Findings of Fact and Conclusions of Law in Support of Order Awarding to Steven S. Potts, Attorney for Classico Marble Granite, Inc., for Allowance and Payment of Interim Compensation and Reimbursement of Expenses.
BRUCE BLACK, Bankruptcy Judge
THE COURT HAS IDENTIFIED THE ATTACHED NOTED TIME AND EXPENSE ENTRIES THAT HAVE BEEN DISALLOWED IN WHOLE OR IN PART(1) Overhead Costs are Non-Compensable
The Court denies reimbursement for fees or expenses that are overhead costs. Expenses that are overhead are not compensable because they are built into the hourly rate. See In re Wildman, 72 B.R. 700, 731 (Bankr. N.D. Ill. 1987). Overhead, for bankruptcy purposes, includes “all continuous administrative or general costs or expenses incident to the operation of the firm which cannot be attributed to a particular client or cost.” In re Convent Guardian Corp., 103 B.R. 937, 939-40 (Bankr. N.D. Ill. 1989) (quoting In re Thacker, 48 B.R. 161, 164 (Bankr. N.D. Ill. 1985)). Absent extraordinary circumstances, the court will not reimburse an applicant for local parking and transportation at the estate’s expense. See In re Convent Guardian Corp., 103 B.R. 937, 940-944 (Bankr. N.D. Ill. 1989).
$12,975.61 is hereby awarded an allowance of interim compensation and expenses as set forth above.
Dated: 11/17/10